Miami-Dade Municipalities tough out economy

" Local Government Budgets ”It’s going to be a time that we all have to buckle down and get through this,” Mayor Julio Robaina of Hialeah said at a recent budget hearing. “Our residents are not in a position to pay more. Assessments are going to go down next year...

Infrastructure: How Would You Spend $1.6 Trillion?

"“China spends 9 percent of its gross domestic product (GDP) on infrastructure and India budgets 3.5 percent … while aiming to increase its allocation to 8 percent. By comparison, the United States budgets $112.9 billion or just 0.93 percent of its GDP, and sidesteps the...

Businessmen worried about soaring world oil price

""The world oil price hike had caused concern because sooner or later it will affect budgets (corporate as well as state budgets)," general chairman of the Indonesian Chamber of Commerce and Industry (Kadin), MS Hidayat, said here on Wednesday when asked for his comment on...

Where's the Money Moving? Out of Media

"CHICAGO (AdAge.com) -- U.S. ad spending -- at least the measured kind -- fell 0.3% in the January-to-March period, the first down quarter since the ad recovery began in 2002. But a drop in reported ad spending does not mean a drop in marketing spending. That's because what...

Rummy Losing It

""You ought to just back off, take a look at it, relax, understand that it's complicated, it's difficult," Rumsfeld said regarding deadlines. "Honorable people are working on these things together. There isn't any daylight between them." Rumsfeld also said the U.S. is...